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SECTION 117

Rules of construction

Partnership (PTR) CHAPTER 39, ARTICLE 8

§ 117. Rules of construction. (1) The rule that statutes in
derogation of the common law are to be strictly construed shall have no
application to this article.

(2) This article shall be so interpreted and construed as to effect
its general purpose.

(3) This article shall not be so construed as to impair the
obligations of any contract existing when this article takes effect, nor
to affect any action or proceeding begun or right accrued before this
article takes effect.